Multiple Choice
Graphically,the average productivity of labor would be illustrated by the slope of the marginal productivity curve at the relevant point.
A) the slope of the total product curve at the relevant point.
B) the slope of the marginal productivity curve at the relevant point.
C) the negative of the slope of the marginal productivity curve at the relevant point.
D) the slope of the chord connecting the origin with the relevant point on the total output curve.
Correct Answer:
Verified
Correct Answer:
Verified
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